FIIs steadily accumulate Nifty puts!

Nifty ends below 8650 for the second day. HDFC was down by 3% and ITC was up by 4%.

In the cash segment FIIs were net buyers to the tune of Rs 536 crores and DIIs were net sellers to the tune of Rs 383 crores.

In FNO segment, FIIs sold 144 contracts of Index Futures and sold 9,519 contracts of Index calls.

They also bought 18,329 contracts of Index puts.
DIIs  are net short by 15,660 in Index Futures contracts.

Nifty Put Call Ratio (PCR) data shows support at 8600 and Resistance at 8700

FIIs are steadily accumulating index Puts and are shorting calls.